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South of the James river

  • Listing No.: 201-21015

  • Category: Beauty

Asking Price $50,000
Down Payment
Gross Revenue $85,243
Total Adjusted Net Income $1,024
Equipment / Fixtures $30,000
Year Established 2010
General Location South of the James river
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Are you ready to be your own boss and take over an existing well-known SPA? Then look no further and inquire with the listing agent NOW! This popular salon operates from a busy anchored shopping center, with a salon in this location for decades. The owner does little advertising to generate new business, the longevity of a salon at this location generates walk-in clients and word of mouth referrals. Seller will train for a smooth transition and is open to staying on longer with the right buyer. Seller has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. All gross sales revenue can be verified through seller's tax returns. Contact the listing agent right away to obtain an NDA.

Gross Revenue $85,243 Listed Price $50,000
Total Income $1,024 Down Payment
Base Rent $3,034 Square Feet 1284
Total Rent $3,000 Lease Expiration 05/2022
Rent Deposit $3,500 Lease Options
Inventory $5,000 Leasehold Improvements $10,900
Equipment / Fixtures $30,000 Other Assets
Full-Time Employees 1 Training Period 30 days
Part-Time Employees 2 Special License Required Massage License, Cosmetology, Esthetician, Nail Technician
Contract Staff 1 Reason for Selling Wants to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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